Shareholder Returns through a Shareholder Benefit Program
First written in FY2017. 2 of 5 entries say "Reframed", first in FY2018. Latest entry: FY2025.
Happiness and D moved to the "Worse" side of this theme in 2018, 7 years before the typical company in this theme (2025).
The whole theme swung hardest in 2020: 3 of 21 companies on the "Worse" side.
17 other companies' latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「We will award the following shareholder benefit points to eligible shareholders. At the shareholder-only website “Happiness and D Premium Benefit Club,” shareholders can select products of their choice from more than 5,000 items, including our original products, specialty foods such as rice and branded beef, sweets and beverages, premium alcoholic beverages, home appliances and experience gifts.」
The company has specifically reorganized the previous program centered on benefit vouchers and products into a points-based program using a dedicated website scheduled to launch in early April 2026, with at least 2,000 points awarded to holders of 100 shares or more. - FY2021AdvancedAnnual report
「1. All shareholders holding 1 trading unit (100 shares) or more whose names are listed or recorded in the shareholder register as of 31 August will receive benefit vouchers and discount vouchers (subject to a monetary limit) according to the number of shares held as set out below. … 2. All shareholders holding 1 trading unit (100 shares) or more whose names are listed or recorded in the shareholder register as of the end of February will receive benefit products and discount vouchers (subject to a monetary limit) according to the number of shares held as set out below.」
The company operates a shareholder benefit program twice a year, offering benefit vouchers based on the number of shares held in August and benefit products in February. - FY2020ReframedAnnual report
「As resolved and disclosed at the board meeting held on 14 July 2020, from the fiscal year ending August 2021 the shareholder benefit program will be provided twice a year, with record dates at the end of February and the end of August, and some of the benefits will also change.」
From the fiscal year ending August 2021, the shareholder benefit program has been changed from once a year to twice a year and reorganized so that February centers on benefit products and August on benefit vouchers. - FY2018ReframedAnnual report
「For shareholders holding 1 trading unit (100 shares) or more whose names are listed or recorded in the shareholder register as of 31 August each year, we will present a choice of shareholder benefit vouchers or benefit products, or a donation to the Orange Ribbon Campaign calling for the prevention of child abuse, according to the number of shares held as set out below, together with a 10% discount voucher usable at our stores or online store. At a board meeting held on 12 October 2018, we resolved and disclosed that the above shareholder benefits would be changed as set out below for shareholders as of 31 August 2019.」
The shareholder benefit program added the option of donating to the Orange Ribbon Campaign and discount vouchers usable at the online store. The company also resolved to change the program from the fiscal year ending August 2019 to a tiered system centered on benefit vouchers based on the number of shares held. - FY2017First statedAnnual report
「For shareholders holding 1 trading unit (100 shares) or more whose names are listed or recorded in the shareholder register as of 31 August each year, we will present, in addition to a choice of shareholder benefit vouchers or benefit products according to the number of shares held as set out below, a 10% discount voucher usable at our stores.」
The company describes a shareholder benefit program for shareholders holding 100 shares or more, offering benefit vouchers or original products based on the number of shares held, together with a 10% discount voucher.